Air New Zealand has established a sponsored level 1 American Depositary Receipt (ADR) program, with Deutsche Bank Trust Company Americas as the nominated depositary bank.
Effective July 21, 2017, Air New Zealand ADRs will trade in the US over-the-counter market under the ticker symbol ANZLY. Each ADR will initially represent twenty shares of Air New Zealand.
As at August 14, 2017, the ratio will change and each ADR will then represent five shares of Air New Zealand.
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